Common use of Indemnification of Seller Indemnitees Clause in Contracts

Indemnification of Seller Indemnitees. From and after the Closing (but subject to Section 6.01 and Section 6.03), Buyer shall hold harmless, indemnify and defend each of the Seller Indemnitees from and against, and shall compensate and reimburse each of the Seller Indemnitees for, any Damages that are directly or indirectly suffered or incurred at any time by any of the Seller Indemnitees or to which any of the Seller Indemnitees may otherwise directly or indirectly become subject at any time (regardless of whether or not such Damages relate to any third party claim) and that arise directly or indirectly from or as a result of or are directly or indirectly connected with any breach of, or failure to perform or comply with, any covenant, agreement or obligation of Buyer in this Agreement.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Riot Blockchain, Inc.)

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Indemnification of Seller Indemnitees. From and after the First Closing (but subject to Section 6.01 and Section 6.039.01), Buyer shall hold harmless, indemnify and defend each of the Seller Indemnitees from and against, and shall compensate and reimburse each of the Seller Indemnitees for, any Damages that are directly or indirectly suffered or incurred at any time by any of the Seller Indemnitees or to which any of the Seller Indemnitees may otherwise directly or indirectly become subject at any time (regardless of whether or not such Damages relate to any third party claim) and that arise directly or indirectly from or as a result of or are directly or indirectly connected with of: any breach of, or failure to perform or comply with, of any covenant, agreement covenant or obligation of Buyer in this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Surgalign Holdings, Inc.)

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Indemnification of Seller Indemnitees. From and after the Closing (but subject to Section 6.01 and Section 6.039.01), Buyer shall hold harmless, indemnify and defend each of the Seller Indemnitees from and against, and shall compensate and reimburse each of the Seller Indemnitees for, any Damages that are directly or indirectly suffered or incurred at any time by any of the Seller Indemnitees or to which any of the Seller Indemnitees may otherwise directly or indirectly become subject at any time (regardless of whether or not such Damages relate to any third party claim) and that arise directly or indirectly from or as a result of or are directly or indirectly connected with of: any breach of, or failure to perform or comply with, of any covenant, agreement covenant or obligation of Buyer in this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Surgalign Holdings, Inc.)

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